02/05/2015 | No Comments
Across America, millions of people are enjoying the earning potential that can come from having a home-based business. For some, this form of income is ideal because it provides the flexibility to work part-time around family needs and schedules. For others, a home-based business is a full-time venture. Whatever your type of business, you may benefit from having a home-based business insurance policy to protect it.
A business insurance policy can protect you from potential liability claims and from loss or damage to your merchandise and equipment. There are a wide variety of different kinds of home-based businesses as well as different ways of attaining this coverage. Your main options include:
Most home-based businesses can be fully covered with one of these coverage options.
There are a number of circumstances where a home-business insurance policy can save you from financial loss. Risks vary by industry, but consider the following scenarios:
There are a number of instances where those who run a home-based business may find themselves in need of a suitable homebusiness insurance policy.
An insurance policy for your home-based business can provide the following:
Depending on the insurance provider you choose, you may have other coverage options available to you. Some policies will even allow you to include your coverage for up to three employees.
01/22/2015 | No Comments
Remember to remove all ice and snow from your vehicle before driving, especially from the hood, windows and roof. It’s the law in New Jersey! Motorists who fail to do so face fines of $25 to $75 for each offense, regardless of whether the ice and snow is dislodged from the vehicle. If flying ice or snow causes property damage or injury to others, motorists face fines of $200 to $1,000 for each offense. There are approximately 500 fatalities in the United States per year due to icy road conditions.
Winter Driving Tips
12/19/2014 | No Comments
How to Trim Costs and Find Deals
Business owners are always looking for ways to improve their bottom line. In a tough economy, especially, belt tightening measures can be the difference between survival and failure of a business. If you are eyeing your insurance coverage for places to trim expenses, you will find some opportunities; it just takes a bit of hunting.
Every commercial operation, from large corporate entities to very small shops, needs commercial coverage. The best way to find deals and get the best possible rates on your business insurance is to work with an independent agent in the Trusted Choice®network. Our agents have access to multiple companies and can find the most affordable business insurance plan for you, and these carrier partnerships allow independent agents to serve all of your business insurance needs, from property and casualty insurance to directors and officers coverage to workers comp. Contact Tri County Agency today to get started.
The best ways to keep your business insurance costs low are to know exactly what you need, and get the amount that is appropriate for your company. For example, if you never drive a vehicle in the course of doing business, then you most likely do not need commercial vehicle insurance. However, if you do need commercial auto, find every possible savings opportunity within that plan. Be sure to hire experienced drivers with excellent driving records, for example. You can also require them to take a driver safety course. And finally, bundle your auto policies together for multi-policy discounts.
There are definitely ways to find affordable business insurance plans, and one of the most effective ways to get cheaper insurance and trim the fat from your expenses is to cut out excess coverage that you do not actually need. Just make sure you don’t reduce costs by eliminating business policies or important coverage you do need.
Here are a few ideas for ways to save on your business insurance costs:
As a business owner, you have a range of opportunities to reduce costs through proactive efforts on your part. One of the most critical steps you can take is to work closely with an independent agent who will devote the time to fully understand your business needs and risks. The process is similar to working with an accountant who knows where to find deductions you wouldn’t necessarily think of on your own.
Tri County Agency of Brick will fully get to know your business and perhaps visit your facility, if appropriate, to learn how you operate. Your agent may identify several additional ways to cut corners on your insurance bill while still getting the highest quality coverage and maintaining an optimal risk management program.
For example, you may be able to get discounts by improving your company’s overall safety and security and remaining claims-free. Some of the ways you can do so include the following:
Some of the measures you take to reduce your commercial insurance costs may require an investment in the short term that will yield discounts and savings in the long run. Your agent can help you to assess which safety and security measures make the most sense for your organization and will yield the best outcomes.
To get the most affordable business insurance for your company, contact Tri County Agency of Brick today. Because our agents work with multiple insurance companies, you will have several options and can choose the best coverage for your company at the rate that fits your budget. Your agent will also be able to combine all of your business coverage in one package, so you have one contact for all of your commercial insurance needs.
12/11/2014 | No Comments
Most drivers have to file an auto insurance claim at one time or another. The millions of claims processed each year in this country range from the mundane to the catastrophic. You may have experienced anything from a fender-bender to a serious accident. Filing auto insurance claims involves reporting the incident to your insurance agent or insurance carrier so that you can receive compensation for your loss.
How to File Car Accident Insurance Claims
If you are wondering whether your collision claims process will be more difficult to bear than the accident itself, the good news is that filing a claim is usually fairly simple. By following a systematic approach and carefully recording what has happened, you can gather all of the information you need. The following guidelines will help you ensure the process goes smoothly.
1. Check the Accident Scene and Get Emergency Help
Before you and the other driver contact your insurance providers to file automobile insurance claims, get your vehicle to a safe place and make sure everyone is okay.
If anyone is injured, call 911. The most important thing to do is ensure that any medical emergencies are taken care of immediately.
Next, contact the police to report the accident. They will be able to file a report and take down necessary information for your insurance agent.
2. Document Everything
There are many factors that go into a collision, some of which may not have been avoidable. Never admit you caused an accident. Do not blame the other driver either. Often it takes a police officer and/or an insurance adjuster to determine what happened and who is at fault.
The best approach is to document the accident. If possible:
3. Contact Your Agent
When an accident or theft occurs, it is important to file an auto insurance claim as soon as possible. Have your vehicle information ready, as well as details about what happened.
When you file an accident insurance claim, your agent will ask some basic questions that will ultimately pertain to your auto accident insurance settlement. For example:
Describe what happened as clearly as possible. Provide the police report numbers and insurance information you gathered from anyone else involved. If your car has been taken in for repairs, include the contact information for the repair shop.
In Case of Theft
If you are filing a stolen vehicle claim, describe where and when the theft took place to the best of your ability. Include information on any police investigation, along with the police report number.
In Case of Vandalism
If your car is vandalized, describe the visible damage. Take photos of the vandalism and the crime scene. If you have reported the crime to the police, include the report number.
4. Follow up on Your Claim
When filing auto insurance claims, it is important to follow up. Your agent will work with you to provide details, help complete the claims process and make sure you receive your auto accident insurance settlement if your claim is covered.
Depending on the type of coverage you have, an insurance adjuster will offer a settlement based on the cost of repairs. If your car is considered a total loss, your agent will offer a settlement based on the value of the vehicle before the crash.
Auto accident insurance settlements may take weeks or months to be finalized, in the event of a particularly complicated auto accident. Your agent will go over the entire process and the expected timeline with you. While the settlement is being processed, stay in contact with your agent.
What Does an Insurance Claims Adjuster Do?
A claims adjuster is an employee of the insurance company who investigates accidents and determines what occurred. If the other party is filing a suit against you, the plaintiff’s attorney will also gather the facts in the attempt to make a case.
If an accident does not involve the legal system, the claims adjuster will simply inspect your vehicle, determine the extent of the damage, and report the cost of repairs to your insurance agent. If the car can be repaired, your agent will review your insurance plan to determine what fixes are covered by your policy. If the costs exceed the value of the vehicle, your agent will deem the car a total loss.
Why Good Auto Insurance Matters
There are many different scenarios for how and why auto-related incidents happen. Working with an insurance agent who fully understands the risks you face and helps you to get the right coverage at the right price can bring you peace of mind. Insurance agents can often help to simplify the claims process.
Here are some examples where a helpful agent and the right insurance can make a difference.
If you are unhappy with your insurance provider, it may be time to switch to Tri County Agency of Brick. Not only will you find dedicated service from an agent who knows you by name, but your agent will review your policies carefully to make sure your coverage truly matches your needs.
12/04/2014 | No Comments
11/20/2014 | No Comments
Thanksgiving is near and visions of fried turkeys already are dancing in more than a few heads.
Yet even as you are salivating, your Trusted Choice® independent insurance agent hastens to caution you. The old joke that men love cooking only if it involves flames and danger is not so funny after an accident. Every year too many folks are harmed and homes are burned due to the combination of large pots of hot oil and big turkeys. Your homeowners insurance may respond for the fire damages and your health insurance for the emergency room visit, but is that really the new Thanksgiving tradition you had in mind?
Fried turkey can be a great alternative to traditional oven-roasted fare, but be certain to take into account the much higher risk factors. Use a fryer designed specifically for turkeys, rather than jury-rigging other cooking equipment. Once you have the proper fryer, follow a few tips from the experts that can make the difference between taste sensation and flaming disaster:
Your Trusted Choice agent always stands ready to offer advice and a comprehensive review of your current insurance coverage and needs. But when it comes to safety, remember: The best claim is the one you never have to make. Whether you’re tending a deep fryer or waiting on the timer to go off on your oven, be safe this Thanksgiving and holiday season.
11/13/2014 | No Comments
Along with maintaining the temperature in your living space, it is important to have sufficient insulation to the areas surrounding water pipes. Insulation helps protect your pipes by blocking the flow of cold air. In attics, you can often find piping close to the ceiling with insulation placed over them. Verify that this insulation is still intact and doing its job. Insulating tape (not electrical tape) can be used to wrap pipes that are lacking insulation in these unheated areas.
The extraordinary cold weather can leave many buildings unable to provide a sufficient amount of heat to the areas surrounding their fire sprinkler systems, which can result in the systems freezing. Ice in sprinkler pipes not only prevents the system from operating correctly in the event of a fire, but it may also cause the pipes to burst and create substantial property damage.
11/06/2014 | No Comments
Every day, professionals in a wide range of industries face liability risks, including financial and legal professionals, architects and designers and even health and wellness practitioners. Even so, professional service providers may not recognize the risk of a lawsuit until a client or patient suffers a loss or personal injury. The best way to prepare is by taking preventive action. Investing in professional liability insurance makes sense when you work with clients who pay you for your expertise, knowledge, advice and care.
Tri County Agency of Brick is your local independent agent in the Trusted Choice® network and can compare professional liability insurance quotes from a variety of insurance companies, and ensure you get the right coverage at a competitive rate. Our agents are dedicated to top-quality customer service, which means that we will be there to help you, from your initial inquiry to ongoing assistance. To review coverages and get the help you need to choose the right coverage, contact us today. tri-countyinsurance.com/generalprofessionalliability
If you are looking for a professional liability insurance definition, you will find that it is slightly different depending upon your profession. For example, a private practice physician’s professional liability coverage will be geared toward the risks of the medical profession, whereas a realtor’s concerns are related to buying and selling homes. However, it is essentially defined as legal protection from “errors and omissions” that may occur as a result of performing professional services. This means it will cover you for mistakes you make as well as your negligence – things you fail to do – that result in a client’s loss.
In practice, it means that if a client claims that your services, advice, or expertise have caused a personal or professional loss, you have insurance that will cover your legal defense and the costs associated with resolving a lawsuit. Litigation can be a drawn-out process that can cost hundreds of thousands of dollars.
Professional liability insurance is a reliable way to protect your business assets. If you’re sued, professional liability insurance coverage helps pay for defense costs as well as any settlements or judgments that you must pay.
This form of business insurance appears under a variety of names because of the many different types of professions that need this type of coverage. Anyone from a home remodeler to a heart surgeon should consider purchasing professional liability insurance coverage.
A few specific types of this insurance are:
Others that may want to consider professional liability coverage include engineers, dentists, not for profit organizations, contractors and transportation businesses.
The most important reason to have the protection of professional liability insurance is unforeseen claims against you. If for any reason a client or patient feels wronged or harmed by your services, you can be at risk of a lawsuit. If you are covered by a reliable professional liability insurance company, and have set a coverage amount that is adequate for the risks you face, your personal assets are protected.
Another important reason why you may need individual professional liability insurance is if you are concerned that your company may not support you during the legal process. For example, if for any reason there is a conflict of interest, your company’s insurance policy won’t provide coverage. The costs of legal defense and possible settlement or judgment may then be taken from your personal financial assets.
If you maintain a standard of excellence within your business operations, you may feel that the extra cost for professional liability insurance isn’t worth the expense. However, service providers are often blindsided by lawsuits can bankrupt them or their company. A member agent in the Trusted Choice network can certainly help you to assess your needs and risks.
Professional liability claims range from simple errors to major snafus. For example:
The cost of professional liability coverage will vary widely depending on your profession and your risks. A sole proprietor who installs cabinetry may not face as large of a potential risk as a brain surgeon, but both professions need coverage. Other factors include the frequency of claims in your industry, the size of your company, and whether you’ve had liability claims in the past. Professional liability insurance costs can vary from $500 to $15,000 per year, depending on the type of work you do.
To get an accurate professional liability insurance quote, contact an independent agent in the Trusted Choice network. These agents have access to many insurance companies and can help you compare options and rates to find the best coverage for your needs and budget. Find a member agent today to protect yourself from professional liability claims.
10/30/2014 | No Comments
It’s that time of year again. Little ghouls and goblins will be running around the streets soon enough, and you’ll follow behind diligently watching to make sure that they stay safe. It’s usually considered a chore, but this year you can take advantage of a few ideas that will make trick or treating just as much fun for you.
Be the Official Treat Bag Holder
You know you’ll do a little pilfering, anyway. Grab a pillowcase and let your little ones empty their goods as they go. You’ll be doing enough walking to justify a candy bar or two. Besides, you’re basically saving your children from eating far too much junk.
Get a Closer Look at Your Neighbors
Don’t pretend you aren’t curious. Last year they were driving a minivan and now a Porsche sits in the driveway. Get all up in there when you walk your child to the door. Is that new leather furniture on top of that bearskin rug?
Relive the Glory Days
Did you peak in high school? I hope not. Choose a decade when you think you were at your best, then pick a character who meant something to you and relive the glory by dressing up. Are you a Knight Rider kind of guy or was Gilligan more your speed? Did you idolize Farrah Fawcett or was Daisy Duke your choice? Don’t let the kids have all the costume fun.
Find and team up with other parents in your community who will also be schlepping behind their children as they crisscross the neighborhood on the hunt for the house that hands out cans of soda. Together you might be able to use your time productively and plan a block party where kids are not invited.
Steal Landscaping Ideas
Ideas! Not the fall mums that adorn the doorsteps of every house but yours. Check out the yards of people who seem to have all the time in the world. Just because their houses look perfect and their yards coordinate with their house trim doesn’t mean you should help yourself to one of their plants. (But it makes it awfully hard not to.) Ideas, however, are free.
Think back to when Halloween was fun and pranks were an important part of a successful Halloween. Did you toilet paper a few trees, smash a few pumpkins? Surely, there is someone in the neighborhood with a good enough sense of humor to get a kick out of this. Otherwise, that perfectly coordinated house might be a good bet.
Follow a few, or all, of these tips and you might find yourself looking forward to Halloween this year. Maybe some of these ideas will soon become traditions for you and your neighbors, and when your kids are grown, you’ll actually be pretty disappointed that there is no reason to go out. I guess there is always the promise of grandkids, right?
10/24/2014 | No Comments
Here are some tips to keep not only teens, but all drivers safe!!
Set essential controls before you back out of your parking spot. (play lists, climate controls, destinations in the GPS)
Manage your time. Rushing leads to distractions, road rage and taking unnecessary risks. Leave a few minutes early and arrive to your destination stress-free.
Don’t drive when angry or upset. Pull over to the side of the road if you are too upset to drive.
Never text while driving. That text or phone call can wait until you pull over. Always use hands free devices when using your phone in the car.
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